Competition authorized the outsourcing of services by Omv Petrom
Competition Council authorized the transactions through which OMV Petrom SA outsources some general surface operations and services related to the…
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ANRE wants to increase by 2% the profitability rate of energy and gas distributors and transporters that attract EU money
The National Energy Regulatory Authority proposes to provide an incentive of 2% over the regulated rate of return for electricity…
Enel and Eni jointly develop hydrogen projects
Global energy sector leaders Enel and Eni are working together to develop green hydrogen projects. The two partners are planning…
MOL completes a new research and development center in Hungary
MOL has inaugurated the new polyol research and development center, named after György Mosonyi, late CEO of MOL, in Százhalombatta,…
Nicolescu: Gas transmission tariffs might increase by 25-30%, once BRUA is completed
The costs of transporting gas from the bills paid by citizens and industry might increase by 25-30%, as the investment…
ANRE has approved Transgaz’ investment plan: 4.2 bln. euro by 2029
The National Energy Regulatory Authority (ANRE) approved, at the meeting of the regulatory committee on November 25, Transgaz’s investment plan…
Remarkable in the Romanian Oil and Gas industry
At the beginning of 2021, the National Agency for Mineral Resources will amend Order 32/2018 to introduce as reference the…
Companies ask for analysis and collaboration on extending the network for natural gas
Government must understand that strategy and policies must be in place based on transparency, collaboration and predictability, before taking any…
Lukoil accuses Romanian state of killing competition in fuel market through a centralized auction
An auction that can rise over 4 billion lei through which the state wants to ensure for the first time,…
Sterian: Hungarians want to take a stress test for the BRUA pipeline on December 2
The Hungarian gas transport company, FGSZ, sent a letter to Transgaz announcing a stress test on the BRUA pipeline on…
Verchere: The completion of BRUA is a great success, the gas pipeline is fundamental
The completion of the BRUA pipeline is a great success, given that this gas pipeline is essential for Romania’s energy…
Transgaz publicly accuses delays in the development of the Vertical Corridor
“I assure you that the BRUA pipeline will operate and transport gas,” said General Manager of Transgaz Ion Sterian at…
Moldovagaz prepares investments of 19 million euros in 2021
For 2021, Moldovagaz planned investments of about 385 million lei (about 19 million euros), said Vadim Ceban, president of the…
A new contract between Transgaz and Gazprom is in the final phase
Transgaz announced the completion, on Sunday at 16:15, of the works on the company’s most important investment project, worth almost…
OMV Petrom: Investments of 21 mln. euro in Petrobrazi to increase the mixing capacity of biofuels
OMV Petrom, the largest energy company in South-Eastern Europe, has invested around 21 million euro at the Petrobrazi refinery to…
Gal, ANRM: Oil royalties fell by about 21% in the first 9 months
In the first nine months of the year, oil royalties fell by about 21 percent, primarily due to declining oil…
Orban: Transgaz has planned investments worth 1.1 bln. euro for this year
Transgaz has investment projects worth 1.1 billion euro for this year, aimed at achieving not only objectives of national interest,…
Intelligent Energy Association: The risks of “free connection” to the gas distribution network
Europe’s transformation into the first climate neutral continent by 2050 is the greatest challenge of our times. The Green Deal,…
MOL Group Q3 EBITDA bounced back despite the crisis
MOL Group announced its financial results for the third quarter of 2020. During the pandemic and economic crises, Clean CCS…
Greenpeace demands the exclusion of fossil fuels from funding
Bogdan Tudorache During this period, the European Parliament is discussing how public money will be used to recover from the…
Gas will continue to be an important commodity for the next decades
Globally, and in the EU in particular, there is a very strong push in limitation the use of natural gas…
Shahrad Adjili: Kawasaki bets on cogeneration and hydrogen
After the Fukushima incident, hydrogen became the only sustainable way for Japan’s energy security. Thus, Japanese companies were called by…
Mihaela Toader, Romgaz: Technological neutrality must prevail
Romgaz is currently adjusting its investment strategy to take into account the new environmental policies decided in Brussels, said Mihaela…